May 28, 2003

Tax Cuts For Families That Aren't Poor

Tax Law Omits Child Credit in Low-Income Brackets

So, part of this tax cut raises the per-child tax credit to $1,000 from $600. But, only if you make more than $26,625/year. If you make less, you don't get the tax relief. It was in there originally, but then the Republicans decided they couldn't afford it.

Posted by Curt at May 28, 2003 11:37 PM